| SVXY latest price $92.8300 (0.35%) ($91.4200 - $93.0600) on Tue. Sep. 19, 2023. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 1.39% (three month average) |
RSI | 73 |
Latest Price | $92.8300(0.35%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | SVXY advances 0.3% a day on average for past five trading days. |
Weekly Trend | SVXY advances 1.6% a week on average for past two weeks. |
Market Behavior | Value stocks sell-off for large cap. Growth stock sell-off for small cap. |
Correlated ETFs | Broad market will support SVXY advance at 0% a week (0% probability) SPY(75%) IVW(74%) IWF(73%) VUG(73%) IVE(72%) |
Factors Impacting SVXY price | SVXY will decline at least -0.695% in a week (0% probabilities). VIXM(-92%) USO(-31%) GLD(-28%) TBT(-19%) SLV(-14%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -0.695% (StdDev 1.39%) |
Hourly BBV | 0.2 () |
Intraday Trend | 0.3% |
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